HIT Financing Programs

State Housing Finance Agencies

The Trust welcomes the opportunity to form new partnerships as it continues to expand its investments in construction and permanent taxable bonds and loans financed by state and local housing finance agencies (HFAs). Whether the loan is credit enhanced under the FHA Risk-Sharing program, originated under the MAP process or guaranteed by private insurance, Trust financing is available. Negative arbitrage is mitigated through the Trust's ability to fund the construction loan on a draw-by-draw basis.